Property prices for sale in Finksburg (Maryland)
The prices in real estate in Finksburg, in the Maryland region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Finksburg has increased strongly during the last 6 months. In October, the average price per sq.feet was $229. In the following month the price per sq.feet decreased to $214. In the following two months the price per sq.feet has barely changed, going from $221.5 to $210.5 per sq.feet. The price per sq.feet has had a considerable increase of 1882 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $216 to $4,065.5 during February, and March.
Based upon to the price in Finksburg (cities), this has gone up in the last 6 months. The average price for October is $759,522. During November the price had a considerable reduction till $642,740. During the following two months (December, January) the average price had a considerable increase of 128 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $870,928 they are 75 % more affordable than the average price for Finksburg. The properties with the lowest average price have 4 bedrooms, Their price is 38 % cheaper than the average. After that we have properties with 3 bedrooms priced at $522,855.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $102 / sq.feet, with an average $234 / sq.feet price in Finksburg. The properties with the lowest average prices have 1 bedroom. They are 16 % cheaper than the average followed by properties with 3 bedrooms with a price at $137 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $870,928 it is 51 % cheaper than the average price in Finksburg. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $424,560 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $117 / sq.feet followed by "House" priced at $118 / sq.feet. "House" is the cheapest type of property with a $118 / sq.feet value followed by "Farm" with an average price of $117 / sq.feet.
